Cavatina Holding S.A. (CAV) - Net Assets
Based on the latest financial reports, Cavatina Holding S.A. (CAV) has net assets worth zł1.19 Billion PLN (≈ $326.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł4.02 Billion ≈ $1.11 Billion USD) and total liabilities (zł2.84 Billion ≈ $781.02 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Cavatina Holding S.A. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.19 Billion |
| % of Total Assets | 29.47% |
| Annual Growth Rate | 17.72% |
| 5-Year Change | 12.51% |
| 10-Year Change | N/A |
| Growth Volatility | 20.79 |
Cavatina Holding S.A. - Net Assets Trend (2018–2025)
This chart illustrates how Cavatina Holding S.A.'s net assets have evolved over time, based on quarterly financial data. See CAV days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cavatina Holding S.A. (2018–2025)
The table below shows the annual net assets of Cavatina Holding S.A. from 2018 to 2025. For live valuation and market cap data, see CAV market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.19 Billion ≈ $326.34 Million |
+0.28% |
| 2024-12-31 | zł1.18 Billion ≈ $325.43 Million |
+0.93% |
| 2023-12-31 | zł1.17 Billion ≈ $322.44 Million |
+8.38% |
| 2022-12-31 | zł1.08 Billion ≈ $297.52 Million |
+2.57% |
| 2021-12-31 | zł1.05 Billion ≈ $290.05 Million |
+57.41% |
| 2020-12-31 | zł669.52 Million ≈ $184.26 Million |
+26.43% |
| 2019-12-31 | zł529.57 Million ≈ $145.75 Million |
+39.92% |
| 2018-12-31 | zł378.49 Million ≈ $104.16 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cavatina Holding S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 402.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł764.84 Million | 64.50% |
| Other Components | zł420.93 Million | 35.50% |
| Total Equity | zł1.19 Billion | 100.00% |
Cavatina Holding S.A. Competitors by Market Cap
The table below lists competitors of Cavatina Holding S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Consti Yhtiot Oy
HE:CONSTI
|
$90.62 Million |
|
Kabra Extrusion Technik Limited
NSE:KABRAEXTRU
|
$90.67 Million |
|
Sokoman Minerals Corp
V:SIC
|
$90.70 Million |
|
Viet Nam Power Development JSC
VN:VPD
|
$90.71 Million |
|
Taeyang Metal Industrial Co Ltd
KO:004105
|
$90.59 Million |
|
Majestic Gold Corp.
V:MJS
|
$90.51 Million |
|
Solutions 30 SE
PA:S30
|
$90.49 Million |
|
Eaton Vance Senior Income Closed Fund
NYSE:EVF
|
$90.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cavatina Holding S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,182,447,000 to 1,185,776,000, a change of 3,329,000 (0.3%).
- Net income of 3,343,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 13,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł3.34 Million | +0.28% |
| Other Comprehensive Income | zł-14.00K | -0.0% |
| Other Changes | zł-1.00 | -0.0% |
| Total Change | zł- | 0.28% |
Book Value vs Market Value Analysis
This analysis compares Cavatina Holding S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.28x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.85x to 0.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | zł15.20 | zł12.95 | x |
| 2019-12-31 | zł21.27 | zł12.95 | x |
| 2020-12-31 | zł26.89 | zł12.95 | x |
| 2021-12-31 | zł50.71 | zł12.95 | x |
| 2022-12-31 | zł42.58 | zł12.95 | x |
| 2023-12-31 | zł46.08 | zł12.95 | x |
| 2024-12-31 | zł46.51 | zł12.95 | x |
| 2025-12-31 | zł46.64 | zł12.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cavatina Holding S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.15%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.39x
- Recent ROE (0.28%) is below the historical average (15.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 40.00% | 789.60% | 0.02x | 2.76x | zł113.56 Million |
| 2019 | 30.09% | 453.83% | 0.02x | 2.89x | zł106.41 Million |
| 2020 | 21.76% | 246.88% | 0.04x | 2.10x | zł78.76 Million |
| 2021 | 17.99% | 249.64% | 0.03x | 2.37x | zł84.23 Million |
| 2022 | 2.51% | 32.83% | 0.03x | 2.41x | zł-80.96 Million |
| 2023 | 7.72% | 64.34% | 0.04x | 2.67x | zł-26.66 Million |
| 2024 | 0.92% | 8.19% | 0.04x | 2.97x | zł-107.40 Million |
| 2025 | 0.28% | 1.15% | 0.07x | 3.39x | zł-115.23 Million |
Industry Comparison
This section compares Cavatina Holding S.A.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $650,093,444
- Average return on equity (ROE) among peers: 2.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cavatina Holding S.A. (CAV) | zł1.19 Billion | 40.00% | 2.39x | $90.62 Million |
| Atal SA (1AT) | $1.70 Billion | 20.08% | 1.08x | $750.07 Million |
| Archicom S.A. (ARH) | $374.68 Million | 9.96% | 0.91x | $840.37 Million |
| BBI Development S.A. (BBD) | $263.87 Million | 0.84% | 1.14x | $14.86 Million |
| Czerwona Torebka (CZT) | $132.75 Million | -29.26% | 1.21x | $19.82 Million |
| Dom Development S.A. (DOM) | $1.25 Billion | 26.19% | 2.10x | $1.77 Billion |
| Develia S.A (DVL) | $1.49 Billion | 7.87% | 1.17x | $1.34 Billion |
| Inpro SA (INP) | $178.02 Million | 9.26% | 0.92x | $84.85 Million |
| KCI SA (KCI) | $30.65 Million | -40.18% | 0.07x | $16.69 Million |
| Lokum Deweloper SA (LKD) | $430.68 Million | 13.30% | 0.87x | $124.84 Million |
About Cavatina Holding S.A.
Cavatina Holding Spólka Akcyjna engages in the development of office spaces in Poland. The company was founded in 2017 and is headquartered in Kraków, Poland. Cavatina Holding Spólka Akcyjna operates as a subsidiary of Cavatina Group Spolka Akcyjna.